Here is every bit of information that you needed about Sedex audits…
Sedex Audit |
Sedex is a non-profit
membership organization that is focused on bringing betterment to ethical
business practices that are followed across the globe. The organization
provides an ethical supply chain data through its secure online database. The
retailers can easily check how their suppliers are fulfilling their ethical and
social responsibilities. Currently, there are more than 36,000 members of Sedex
in more than 150 countries, so it can truly be called a global
organization.
There are two main
objectives of Sedex:
- To lessen the
burden on suppliers by reducing the requirement for many audits,
certifications, and questionnaires.
- To improve the
ethical performance across global supply chains.
Simply putting it,
suppliers can now have the Sedex audits performed right at their site to check
whether or not they are fulfilling their social and ethical responsibilities
relating to employees and work culture.
The results of the audit are
uploaded on the Sedex platform so that the customers of the suppliers can
identify the issues and resolve them.
What
areas are covered by the Sedex audit?
Sedex audit is performed as
per the SMETA Best Practice Guidance standards and is aimed at reviewing the
ethical performance of a company.
Two
Pillar Audits include
the following:
- Healthy and
safety
- Labour standards
Four
Pillar Audits include
the following beside the aforementioned points:
- Business ethics
- The
environment
Every one of these areas is
audited to review the compliance and ascertain whether or not the employees are
being treated correctly. Sedex audit also seeks to ensure that the company
operates ethically towards all its stakeholders.
What are
the benefits for a buyer?
It can be extremely
difficult to monitor the suppliers who are spread all across the globe. Now, it
is not as simple as choosing a supply chain by only considering the quality,
price, and delivery time. There is a responsibility to ensure that the
suppliers are operating in an ethical manner and taking their corporate social
responsibility seriously. The Sedex audit platform seeks to verify that the
suppliers are functioning in a just manner. These Sedex audits are performed by
accredited, qualified, and experienced auditors who work as per the SMETA
guidelines.
What are
the benefits for a supplier?
It is important for the
suppliers to demonstrate to their customers that they follow ethical practices
and take their corporate social responsibility seriously. The ethical trade
auditing, that is uploaded on the Sedex platform, is an easy and practical
manner in which this can be done in a transparent and cost-efficient way. The
supplier members of Sedex can easily share data with many customers. This
demonstrates adherence and decreases overall auditing costs.
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